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Shell makes deepwater gas discovery in Gabon

Royal Dutch Shell today announced a discover off the coast of Gabon but says it will need to conduct further analysis to determine just go much gas is present.  More »

High pollution levels found near Ohio gas wells

Two residents who had monitors on their property complained about noise and unpleasant odors wafting onto their property during drilling.  More »

Total CEO criticized Russia sanctions hours before crash

Christophe de Margerie’s last act as chief executive officer of Total SA (FP) left no room for doubt about his feelings toward Vladimir Putin’s Russia.  More »

Freeport LNG widens ship channel

The Port Freeport ship channel will be widened from 400 feet to 600 feet as part of a plan proposed eight years ago when the Freeport facility was envisioned as an import terminal capable of regasifying LNG offloaded from tankers.  More »

Total CEO dies in plane crash

Christophe de Margerie and three others died in Moscow when the CEO’s private jet collided with a snowplow who’s driver was drunk, Russian investigators said.  More »

Islamic State fuels terrorist operations with oil production

Oil production has provided the extremist Sunni group with a significant source of revenue, even though the Islamic State produces only a fraction of the oil capacity from the territory it controls and likely sells its oil at a deeply discounted price on the black market.  More »

Oil price could bite companies whose production made it cheaper

The companies that helped turn around the domestic oil supply situation now face lower profits because crude’s become so plentiful it’s getting cheaper.  More »

Government lags in measuring gush of U.S. crude

The federal Energy Information Administration relies on state agencies for data about oil production, sometimes two years late. For natural gas, the EIA is collecting data from an outdated survey of producers in five states that was designed before technological advancements opened up new plays across the country.  More »

Shell Midstream launches IPO

Royal Dutch Shell’s midstream partnership launched its initial public offering in New York Monday, the company announced Monday.  More »

Tesoro Logistics buying QEP’s gas processing business

Tesoro Logistics LP agreed to buy QEP Resources natural-gas gathering and processing business for $2.5 billion in cash to expand in the Rocky Mountain region and North Dakota.  More »

Officials say oil spill has not reached Caddo Lake

Officials said Saturday that the oil has been contained without reaching Caddo Lake, which straddles the Texas-Louisiana state line and provides drinking water for some water systems.  More »

Oil industry execs among donors to Koch brothers super PAC

The Koch brothers have long kept the donors to their political causes secret, but rules governing a new super PAC they formed require that the backers be made public.  More »
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